The proliferation of rail freight in recent years is not to be underestimated. The Rail Delivery Group estimates that rail freight contributes £2.45bn to the economy each year. Logistics is one of the largest sectors worldwide, worth $8.43 trillion in 2021 as a vital mode of transport for moving commodities on behalf of practically every part of the UK economy daily.
With input from industry leaders, such as Maggie Simpson OBE, Director General at the Rail Freight Group (RFG) and Nick Graham, Head of External Networks at Eddie Stobart amongst others, this whitepaper showcases the increasing importance of freight and the intrinsic role that technology will inevitably play in its evolution.
Utilising 7 years of historical data and a powerful machine learning algorithm, PathPlanner has been created with the potential opportunities freight possess in mind. Seeking out unused paths across the network, the system aims to unlock capacity and generate new opportunities for the freight sector to transport more goods sustainably, building on the untapped opportunities the whitepaper unveils.